Instuitional Investor - Biglari, Sardar

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ferrari N.v.	RACE	56,400	$20,997,156	33.74%
2.	Coca Cola Co	KO	110,248	$8,959,855	14.4%
3.	El Pollo Loco Holdings Inc.	LOCO	489,247	$8,297,629	13.33%
4.	Taiwan Semiconductor Manufacturing Co Ltd	TSM	15,111	$7,216,560	11.6%
5.	Wynn Resorts Ltd	WYNN	70,200	$6,815,718	10.95%